Achmea Investment Management B.V. Buys 14,732 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Achmea Investment Management B.V. raised its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 341.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,046 shares of the company’s stock after acquiring an additional 14,732 shares during the period. Achmea Investment Management B.V.’s holdings in Hilton Worldwide were worth $4,156,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in HLT. Principal Financial Group Inc. boosted its stake in Hilton Worldwide by 2.1% in the 2nd quarter. Principal Financial Group Inc. now owns 9,326,879 shares of the company’s stock valued at $2,035,125,000 after purchasing an additional 190,429 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Hilton Worldwide by 10.5% in the first quarter. JPMorgan Chase & Co. now owns 8,044,198 shares of the company’s stock valued at $1,715,908,000 after acquiring an additional 761,104 shares during the period. Putnam Investments LLC grew its stake in shares of Hilton Worldwide by 6.0% in the fourth quarter. Putnam Investments LLC now owns 3,826,023 shares of the company’s stock valued at $696,680,000 after acquiring an additional 216,219 shares in the last quarter. Capital World Investors increased its position in Hilton Worldwide by 66.3% during the first quarter. Capital World Investors now owns 3,127,600 shares of the company’s stock worth $667,148,000 after acquiring an additional 1,246,662 shares during the period. Finally, Norges Bank acquired a new stake in Hilton Worldwide in the 4th quarter worth about $475,073,000. Institutional investors own 95.90% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Robert W. Baird lowered their target price on shares of Hilton Worldwide from $216.00 to $215.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. Macquarie raised their price objective on Hilton Worldwide from $205.00 to $208.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 7th. JPMorgan Chase & Co. upped their target price on Hilton Worldwide from $200.00 to $216.00 and gave the company a “neutral” rating in a research report on Friday, July 19th. Bank of America raised their price target on Hilton Worldwide from $225.00 to $230.00 and gave the stock a “buy” rating in a research report on Monday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Hilton Worldwide from $185.00 to $181.00 and set a “hold” rating for the company in a research report on Thursday, August 8th. Ten investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $212.22.

Hilton Worldwide Stock Performance

Shares of HLT opened at $216.82 on Friday. Hilton Worldwide Holdings Inc. has a 52 week low of $146.00 and a 52 week high of $229.03. The stock has a market capitalization of $53.43 billion, a price-to-earnings ratio of 47.13, a PEG ratio of 2.32 and a beta of 1.31. The stock has a fifty day moving average of $214.48 and a 200-day moving average of $209.30.

Hilton Worldwide (NYSE:HLT) last posted its earnings results on Wednesday, August 7th. The company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.86 by $0.05. The firm had revenue of $2.95 billion during the quarter, compared to the consensus estimate of $2.90 billion. Hilton Worldwide had a negative return on equity of 69.65% and a net margin of 11.20%. The business’s quarterly revenue was up 10.9% on a year-over-year basis. During the same period last year, the company earned $1.63 earnings per share. As a group, equities analysts forecast that Hilton Worldwide Holdings Inc. will post 7.05 EPS for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, August 23rd will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date of this dividend is Friday, August 23rd. Hilton Worldwide’s payout ratio is 13.04%.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.